Trustees’ Annual Report for the period
From 4/1/2023 Period start date To31/3/2024 Period end date
Charity name: Musbury Moles Preschool
Charity registration number: 1201603
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Musbury Moles Preschool provides affordable and bespoke preschool care in an educational setting. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The preschool provides care for children aged 1-4 years. Breakfast and afterschool clubs for primary children. Providing high quality provision in a rural setting. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Followed guidance set out by the Charity Commission and external accountant. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | |
|---|---|
| Para 1.38 | |
| Policy on grant making | |
| Para 1.38 | |
| Policy on social investment | |
| including program related | |
| investment | |
| Para 1.38 | |
| Contribution made by | |
| volunteers | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | This year Musbury Moles Preschool was gifted enough money to revamp the outside area – creating a larger and extended learning space. The Preschool has achieved Eco Status this year, thus ensuring the natural ethos of the preschool is building on the Forest School foundation set by previous staff. Our preschool leader has attended and qualified as a thrive practitioner this term, which means we will be able to identify offer social and emotional support to our preschool children and the wider community. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | We currently have cash funds of £47.098 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
Constitution 2011 Early Years Alliance | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Current trustees were appointed 18th January 2023 and have agreed to be in post for the next 3 years. Annual AGM was held March 2024. |
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Musbury Moles Preschool |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1201603 |
| Charity’s principal address | Church Hill Musbury EX13 8BB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Clair Murrell | Chair | |||
| Claire Brookes | ||||
| Nicola Ingarfield | ||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Clair Murrell
Full name(s) Clair Murrell
Position (eg Secretary, Chair Chair, etc)
Date 5/1/2024
| Charity Name No (if any) CC16a MusburyMoles Preschool CIO 1201603 Receipts andpayments accounts Period start date To Period end date 4/1/2023 3/31/2024 For the period from ~~===——~~ |
|---|
| Section A Receipts and payments |
| Restricted funds Total funds Last year Unrestricted funds Endowment funds |
| to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
| A1 Receipts EYFE 30,505 - - 30,505 31,120 Private Preschool Fees 25,437 - - 25,437 18,085 Snack Fees 1,848 - - 1,848 1,120 Charitable Activities - - - 153 Bank Interest Received 344 - - 344 84 Donations - - - 23,500 CJRS - - - - - - - - - - 58,134 - - 58,134 74,062 Sub total(Gross income for AR) ~~=== ===~~ |
| - - - - - - - - - Sub total- - - - - Total receipts 58,134 - - 58,134 74,062 A2 Asset and investment sales, (see table). ~~——————~~ |
| A3 Payments Cost of snack 437 - - 437 546 Preschool resources 2,352 - - 2,352 8,936 Computer Costs 1,035 1,035 133 Dues & Subscriptions 433 - - 433 170 Insurances 564 - - 564 1,119 Office/General Admin Expenses 1,466 - - 1,466 5,734 Ofsted Registration 35 - - 35 35 Otherprofessional services 9,256 - - 9,256 7,127 Payroll Expenditure 1,244 - - 1,244 237 Printing,Postage & Stationery 12 - - 12 42 Rent 4,185 - - 4,185 2,100 Repairs & Maintenance 8 - - 8 491 Staff Vouchers - - - - 125 Sundries 606 - - 606 271 Training 1,098 - - 1,098 3,115 Wages 36,535 - - 36,535 41,384 Advertising/Promotional 989 - - 989 424 Sub total 60,255 - - 60,255 71,989 - - - - - - - - Sub total - - - - - A4 Asset and investment purchases, (see table) ~~EE~~ |
| Total payments 60,255 - - 60,255 71,989 Net of receipts/(payments) - 2,121 - - - 2,121 2,073 A5 Transfers between funds - - - - - A6 Cash funds last year end 49,215 - - 49,215 47,142 Cash funds this year end 47,098 - - 47,094 49,215 ~~=====~~ |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Bank - Current Account Bank - Fundraising Account Bank - Reserve Account Cash in Hand Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 5,043 - 31,929 - 10,126 - - 47,098 - OK OK to nearest £ to nearest £ - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liabilityrelates Amount due (optional) |
to nearest £ Endowment funds |
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| to nearest £ Endowment funds |
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| Current value (optional) |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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Independent examiner’s report to the trustees of Musbury Moles Preschool.
I report to the trustees on my examination of the accounts of the Musbury Moles Preschool for the year ended 31 March 2024.
Responsibilites and basis of report
As the charity trustees of the Preschool, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Preschool as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
Amanda Hines FCCA MAAT AATQB
3 Swan Road Seaton EX12 2US
12 May 2024